Latest Posts
Home > Tag Archives: north carolina

Tag Archives: north carolina

10 States Where Foreclosure Is a Huge Problem

home foreclosure legal document with house key

Foreclosure activity in the U.S. declined 9.39% from February 2014 to February 2015, with one in every 1,295 housing units in some stage of foreclosure last month. That’s the lowest the national foreclosure rate has been since July 2006, according to RealtyTrac’s monthly report on the foreclosure market. The analysis looks at how many homes have a foreclosure filing — ... Read More »

    The 10 States With the Most Money Stress

    stressed man

    Among the many reasons Hawaii would be a pleasant place to live, people there are pretty content with their financial situations. Living on the Hawaiian islands is by no means cheap — it costs a lot to import all the essentials — but in spite of that, Hawaiian residents feel the best about their ability to manage their finances to ... Read More »

      My Springleaf Financial, Regional Finance and Time Financing Loans are More Than I Can Handle


      “Dear Steve, Fell behind on light bill so in order to keep lights on took out a personal loan, then couldn’t pay that one so applied for another small loan same thing- now have three loans not able to pay for. Kept getting letters in mail saying I was approved. I am drowning in debt with three small loan companies- ... Read More »

        Return-A-Pet Scam Preys On Victims Of Lost Pets

        It’s annual pet scammer week! That’s a lie. But it sure feels like it. Eric Stein was charged with running an investment scam through Return-A-Pet LLC. Return-A-Pet was a New York company that allegedly facilitated the return of lost pets to their owners. Stein was out on supervised release for a previous investment fraud scheme and netted at least $500,000 ... Read More »

          Raleigh Native Indicted In Connection With Fraud And Extortion

          The former President of Encap Golf Holdings LLC (“Encap”), William Gauger III, was indicted this week for his participation in a scheme to extort approximately $100,000 from a financial consultant and a fraudulent invoicing scheme relating to his work for a New Jersey-based management firm. Gauger allegedly hired his brother-inlaw Craig Groce, who was originally charged along with Gauger by ... Read More »

            North Carolina Calls Consumer Law Group Bogus in Settlement Announcement

            It appears an issue with North Carolina and Consumer Law Group finally came to an end. You can read past stories about Consumer Law Group here. What was most interesting about the Consumer Law Group action North Carolina took was the definition of what true attorney representation was in a debt settlement program. Not only did North Carolina not buy ... Read More »

              Holy Fraud, Batman! Literally…

              Yesterday, an Ohio resident was indicted for allegedly engaging in a fraud scheme that promised to fund more than $500 million in mortgage loans to around 20 churches and a dozen small businesses across the country. The man, Jamal Lawson, fraudulently obtained more than $300,000 in advance fees that he used for personal expenses instead of securing loans as he ... Read More »

                It’s A Hard Knock Life For Mortgage Fraudsters

                For my generation the term “Hard Knocks” cannot be mentioned without the memorable image and sound of Jay-Z’s “ghetto anthem” rendition of “It’s A Hard Knock Life” from the play Annie. My personal favorite lyric and image from the infamous song being: “I’m from the school of the hard knocks, we must not let outsiders violate our blocks.” You see, ... Read More »

                  $78 Million Mortgage Fraud “Dream Home” Scheme Owner Convicted

                  Andrew Hamilton Williams, Jr., was convicted last week in Maryland of fraud conspiracy, wire fraud and conspiracy to commit money laundering in connection to a massive mortgage fraud scheme. The scheme, entitled “Metro Dream Homes” promised to pay off homeowners’ mortgages on the homes of their dreams but instead left them high and dry. According to evidence presented at the ... Read More »

                    Chimney Sweep Scams Sweeping The Country

                    You know, I moved to the South in an attempt to prolong warm weather enjoyment and avoid winter and cold weather, however, this year like many others I’ve found an early winter and cold autumn nights. In an attempt to boycott the cold weather I refused to turn the heat on in my house until absolutely necessary. I was determined ... Read More »

                      Former Chief Accountant Of Beazer Homes Convicted Of Fraud

                      Last Friday former chief accounting officer, Michael Rand, for Beazer Homes was convicted for seven crimes relating to an accounting fraud conspiracy at Beazer over a seven year time span along with document destruction and obstruction of justice. The government has been investigating Beazer for just over 3 and a half year (since March 2007) and in July of 2009 ... Read More »

                        North Carolina Man Is Seventh Convicted Of $40 Million Black Diamond Ponzi Scheme

                        It was announced last week that Bryan Keith Coats of Clayton, North Carolina plead guilty to his role in connection with the Black Diamoind Ponzi Scheme Investigation that resulted in a $40 million investment fraud conspiracy. Coats admitted to one count of conspiracy to commit commodities, securities, and wire fraud and one count of promotional money laundering conspiracy. According to ... Read More »

                          A Double Dose Of Commodities Scams In North Carolina

                          Two completely separate men were charged in two completely separate Ponzi schemes in one completely same city of Charlotte, North Carolina on September 23, 2011. Both defendants plead guilty to commodities fraud. Apparently they both promised victims enormous profits from trading in the Charlotte, North Carolina commodities futures market. Mitchell Brain Huffman was charged with a criminal bill of information ... Read More »

                            Credit Counseling North Carolina


                            Credit Counseling North Carolina Here in North Carolina, like many other states the availability of finding good credit counseling assistance is confusing. People need help trying to figure out where to turn for help but who can they trust? Where do they look for help? Not all help is innocent. In the past year the North Carolina Attorney General has ... Read More »

                              Man Unable To Afford Medical Attention Robs Bank For $1 To Seek Medical Attention In Jail

                              Ready to Collapse

                              Earlier this month about 20 miles west of Charlotte, North Carolina in Gastonia, North Carolina an RBC Bank was robbed on 500 S. New Hope Road. This is no ordinary robbery. Suspect, 59-year-old James Richard Verone entered the bank at 1 p.m. where he handed a teller a note reading “This is a bank robbery…” Verone then requested a single ... Read More »

                                Get My FREE Get Out of Debt Guy Newsletter

                                I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.You can unsubscribe at any time with just one click.After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.

                                I promise to keep your email safe and secure.